NATIONAL investment company Khazanah Nasional Bhd has obtained Bank Negara approval to start talks with Bukhary Capital Sdn Bhd to sell a 40% stake in Bank Muamalat, Khazanah chief operating officer Anwar Aji said.
“Khazanah would sell its stake in Bank Muamalat if the price is right and the returns from the sale are within our expectations,” he said, adding that it would still have a 30% stake in the smallest bank in the country after the sale.
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